1) Using the data in the table below, calculate the accounts receivable turnover and the days sales in receivables for years 1 and 2. In addition, comment on whether or not the company is improving on collecting on receivables from their customers. (5 points) Year 1 Year 2 Sales $110,245 $100,543 Accounts Receivable $3,986 $3,123 In addition, assume that accounts receivable at the beginning of year 1 is $2,987.

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Calculations Year 1 Accounts Receivable Turnover Sales Average Accounts Receivable 110245 2987 3986 ... View the full answer